Download Scottish Business and Economy

Scottish Business and Economy
Industries
• Agriculture, banking and finance, computing,
construction, defence, electronics, emergency
services, fishing, food and drink, forestry, life
sciences, oil and gas, renewable energy,
shipbuilding, textile, tourism, transport.
Oil and Gas
• North sea oil reserves stand at two billion tonnes
of oil – as much has been produced over the last
25 years
• Scotland’s gas fields contain a maximum
remaining reserve of 1330 billion cubic metres
• Scotland’s oil and gas companies are increasingly
exporting their proven expertise to global markets
• Scotland’s vast experience in subsea technology
means Scottish technology is being used to
discover new oil fields across the world
• Scotland’s oil and gas industry generated a record
£15.4 billion in export sales from 2008-2009
Oil and Gas
• More than 150,00 people (six percent of the
working population) are employed by over 2000
companies in Scotland’s oil and gas
• Scotland’s oil and gas workforce benefits from
five training and research centres
Renewable Energy
• By 2020, The Scottish Government aims to
produce 100% of Scotland’s annual electricity
consumption and 11% of Scotland’s heat demand
• Scotland has 25% of Europe’s tidal potential,
10% of its wave potential and 25% of offshore
wind resources
• Wind power is now more common than hydro
power as a form of renewable energy
Tourism
• £11bn industry
• Pays wages of 200,000 people working in
Scotland
• 4th largest export earner
• Event tourism is one of the fastest growing
industries
• Sustainable and permanent industry
Whisky
• The whisky industry generates around £4 billion
a year
• It employs around 36,000 people
• The top five export markets (by value) are: USA,
France, Singapore, Germany and Spain
Whisky
• Of Scotland’s Whisky regions, Speyside has the
most distilleries
• Campbeltown is the smallest Whisky region and
only has five distilleries
• Whisky is made from three basic ingredients:
water, barley and yeast
• Whisky is made through malting,
mashing, fermentation, distillation
and maturation
• It has to be legally matured for
three years before it can be sold
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